What to do if I got an $800 scholarship that I was not supposed to get then it was taken away and now I am supposed to pay it back?

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What to do if I got an $800 scholarship that I was not supposed to get then it was taken away and now I am supposed to pay it back?

I attended a university and last semester I gave up a scholarship voluntarily. I was not supposed to receive it this semester but the university made a mistake and applied it anyway. Then a month later, they withdrew it without informing me and I just found out today that I owe it and need to pay it back by next week. Am I liable for their mistake?

Asked on April 9, 2012 under Bankruptcy Law, Arkansas

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 9 years ago | Contributor

If you received scholarship moneys that you were not supposed to receive and you spent the scholarship money, unfortunately for you, you are responsible for repaying the money. If you cannot pay the full amount all at once, I suggest that you reach some installment agreement over time in writing for the repayment.


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